BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Anand Rathi Report
As consumer demand moved toward normal, innerwear/apparel/ footwear/department-store Q4 revenue growth averaged 72%/0.4%/ 35%/12% year-on-year.
Innerwear continued to be the strongest category in Q4 and in FY21 was driven by market-share gains and continued traction in athleisure.
Covid-19 triggered restrictions and regional lockdowns halted the recovery toward end-Q4.
Most companies expect gradual recovery from Q2 FY22 with pent-up demand, the festival season and easing of restrictions.
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